If anyone’s wondering what the dude who sang “chocolate rain” is up to these days, he’s dropping absolute bangers about housing and he’s fucking right
Als Antwort auf JA Westenberg

this is a crisis created by private equity firms who’ve spent hundreds of billions hovering up every kind of housing stock across the country, as well as trailer parks and apartment complexes

Then, they’ll do what they always do: squeeze every last dollar out of the asset — then they’ll leave hollowed out towns/neighborhoods with destroyed housing stock when they’re done and then demand huge tax breaks for their ill-gotten gains.

Unregulated capitalism is social darnwinism writ large.

Als Antwort auf JA Westenberg

sure, do all that. But also: build more effin' housing. Build it sustainably: full walkability & bikeability, dense enough to support local shops & services for daily needs within walking distance, dense enough and with a structure to make quality transit a real thing, and with parks etc.

#UrbanizeTheSuburbs #yimby

Als Antwort auf JA Westenberg

This isn't "truth," this is NIMBY bullshit masquerading as social policy. He's proposing taxes on rentals, but not on home ownership, so renters will end up paying more than homeowners. Then he repeats the canard about vacant housing, when American housing vacancy rates are low; New York has a regular housing survey with a line item for units that are vacant because they're held for occasional or recreational use, and they're 1% of the supply. Less NIMBYism, more housing construction.
Als Antwort auf Chris

@RedOct @Alon but it doesn’t make sense even in the best case scenario for everyone to own a home. There are times when renting is a better option. But it does make sense to have vacant housing available for use one way or the other. People do hoard units in expensive cities and keep them off market. People have second homes they only use a little. Cities have tried taxing them, but not enough.
Als Antwort auf MacCruiskeen

@maccruiskeen @RedOct The number is down in half since 2020; it's not visible in rents. Annual housing approvals citywide (see socds.huduser.gov/permits/) are around 20,000-30,000; at Tokyo or Seoul rates, they'd be around 100,000. That's what's needed, rather than populist attempts to eliminate apartment renting as an option.
Als Antwort auf JA Westenberg

AltTxt:

There is no American "housing crisis" — there's a supply-hoarding crisis to rig local market prices above the liquidity of local buyer capital.

The policy solution is simple: poison-pill tax all non-occupant-owned housing to force immediate sale to local buyers at actual market rates.

Allowing unlimited non-local capital to supply-hoard vacant housing is simply anti-resident eugenics. Current residents are too poor, so replace them with richer ones— even if it causes widespread homelessness, forced migration and absurd energy costs for the displaced to commute. It's as discriminatory as Federal Housing Administration redlining of black neighborhoods in the 1940s.

teilten dies erneut

Als Antwort auf JA Westenberg

Another interesting proposal I've heard, and quite like is: corporations are not allowed to buy homes. Ever.

They can own them if they build them (which is necessary for organisations that build social housing, for example), but if they sell, they have to sell to people. A bank may come to own a house when the original owner can't pay the mortgage anymore, but if the bank wants to sell the house, they have to sell it to a person. Other than that, any corporation that wants to own houses, has to build them themselves thereby expanding the housing supply, instead of shrinking it by buying existing houses.

teilten dies erneut

Als Antwort auf Colin Dunn

@Indyposterboy @FrenchPanda
Dude. Stretch your brain just a little bit and think about the far-reaching consequences of such a change. Nobody would be able to hoard housing. Home prices would plummet, drastically. In fact the whole thing would best start off with a huge sweeping expansion of squatter's rights, so somebody like your sister would own the place more or less by default simply by already residing there.

The entire dynamics of housing prices and exchange would be turned inside out, and big things would shift throughout how our society works.

Als Antwort auf HeavenlyPossum

I can't imagine pulling the property ladder up behind me if I somehow ended up in legal possession of two houses. I'd use it to give a leg up to someone who can't manage the financing on their own the opportunity to rent-to-own. Surely the vast majority of people have someone in their family or immediate circle of friends who could benefit from help. It's not like you'd have to look far afield.
Als Antwort auf JA Westenberg

@Angle
Allowing houses to become distributed hotels via "vacation rental" use (or "STR", short term rental) has locked up a significant share of existing dwelling units. Some communities have tens or hundreds of thousands of units no longer available for permanent housing. Why build new at enormous cost when the supply already exists?
Als Antwort auf mizblueprint

@mizblueprint Mmm. I'm not entirely sure this problem can be solved by just passing laws, at least not unless you're willing to pass a lot of them. Like, the underlying problem here is that a small number of people has such a concentration of wealth and power that their minor conveniences and luxuries (Vacation Homes and short term rentals) are valued above other peoples basic necessities (Having a house to live in).

teilten dies erneut

Als Antwort auf Angle

@mizblueprint And whatever laws you pass, you can expect them to run up against this basic reality. The wealthy and powerful want what they want, they don't give a damn about anyone else, and their desires will distort everything they can reach. The law, the market, the media, you name it. So, pass a law banning short term rentals, and I expect you'll start seeing loopholes, exceptions, workarounds, and just flat out lack of enforcement immediately, as long as the money demands it. :/
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Angle

@mizblueprint @pamleo65 I went poking around Napa on street view - it looks like it really shouldn't be that hard to build lots more housing there, if people really wanted to. Wide roads, huge parking lots, vast swathes of single family homes, etc, etc. Same as much of the rest of America. Building can be expensive, sure - but that itself is amenable to change, if people really want to change it.
Als Antwort auf Angle

@mizblueprint @pamleo65 Like most things, building gets cheaper if you do it in bulk. A small initial change in how expensive and difficult it is to build things can have outsized impact, as it ripples outwards and changes how much people build, which itself changes how easy it is to build things. Has your city ever considered dropping parking requirements, for example? Loosening zoning laws? Any of the dozens of simple and straightforwards reforms to just let people build?

Darwin Woodka hat dies geteilt.

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HeavenlyPossum

@violetmadder @storyworker

Passively accepting one’s role in an unjust status quo is a perfectly reasonable survival strategy, but it doesn’t make that status quo good or just.

Your landlord isn’t providing you with housing. You are providing your landlord with housing. If landlords did not hoard more housing than they could personally use to collect feudal rents from tenants like you, then housing costs would be dramatically lower, all else being equal.

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HeavenlyPossum

@storyworker @violetmadder
> “from whom am I to rent?”

Landlords, of course, in the same way that feudal peasants would have received the same answer to the same question.

I’m not telling you that you’re doing anything wrong. “The system in which we’re forced to live is unjust” doesn’t mean you’ve done anything wrong by renting. I too am a renter.

> “They have provided me more than housing - they have provided me a home, one where I have been able to dramatically rebuild what was a pretty awful life.”

No, they are using their control of a scarce resource to extract rents from you. Unless they’re renting to you at a loss, your rent is paying for the capital costs on the house—the mortgage, upkeep, etc. *You* finance their ownership of the house in which you live, with no ownership rights despite paying those capital costs.

You might also be paying them wages on top of buying them a house, if your rent is greater than those capital costs.

Als Antwort auf HeavenlyPossum

@HeavenlyPossum @violetmadder @storyworker I’d love a world where housing existed that did not need to be purchased but also did not need to be rented from… someone.

But I honestly cannot imagine how to create such a world, or how it would work. In the meantime, I can at least imagine there being a lot of public housing, and while that world is still flawed, it’s far less so than the one we live in now

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HeavenlyPossum

@storyworker @violetmadder

I am not describing a labyrinth of words and concepts. You are purchasing housing for your landlord, and possibly paying them a salary in the process.

That doesn’t mean you can’t feel gratitude that you are housed. I am immensely grateful that I am housed. That doesn’t mean you can’t have a positive interpersonal relationship with your landlord. I’m not questioning your personal experience.

I would like people to be able to see things for how they really are, and landlording really is a feudal holdover.

Als Antwort auf HeavenlyPossum

@HeavenlyPossum fwiw I was genuinely not trying to be offensive. I’ve learned a lot from you and others, and in some cases I can use that to imagine how a different world might work. But in many others — like this one — I can’t quite. And I learned long ago not to let a better solution be blocked by the vague possibility of a perfect one.

I assume you have a more complete picture of how things could work. But I’m just having to muddle through, and usually do quite poorly here.

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HeavenlyPossum

@storyworker @violetmadder

The only way that people can own things that they don’t personally use or occupy is through either a) the consent of everyone involved or b) institutional violence.

Landlords do not have everyone’s consent. What they do have is institutional violence—cops who will hurt you if you don’t pay a toll for living in your home, the same as medieval lords.

Remove that institutional violence and all that’s left for them is consent or, better, living in their home while you live in yours.

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HeavenlyPossum

@violetmadder @storyworker

Your claim is false. “The universe” did not provide you with a roof over your head. It did not suddenly appear. It did not congeal through magic. It did not accrete through natural processes. Someone made it (a builder) and someone financed it (you).

Landlords merely interject themselves into that process to collect rents—a toll, a private tax—off your need for housing.

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HeavenlyPossum

@violetmadder @storyworker @FrenchPanda

Or if not “owning one’s own home,” maybe more simply “dwelling in a home without paying a toll to someone who merely owns a tollbooth guarded by a cop with a gun.”

Housing is structured in capitalist societies as, generally, a choice between *renting* and *owning,* and owning comes with its own financial and cognitive burdens. It makes sense for a lot of people to reject home ownership in the sense of capitalist hegemony in a way that wouldn’t make sense absent that structure.

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Panda Cab

@storyworker

Okay then. You don't care about whatever happens to you and your living place. I cannot even fathom that, and I don't understand your "complexity" but okay.

Less complex people tend to not like not having control over the place they live in. They don't like to be faced with the options of paying more and more money each year or be homeless. They would actually like being able to be sure that their home is actually their home.

@HeavenlyPossum @violetmadder @Daojoan

Als Antwort auf Panda Cab

@violetmadder @FrenchPanda @storyworker

Rentierism consists of a person who threatens to hurt you, or kill you, if you don’t work for them.

Sometimes it’s quite naked and explicit. Sometimes it’s obfuscated behind elaborate social rituals and fictions. By far the most common of these fictions is the ownership of some asset you need to survive. “Pay me or I will starve you to death.”

That’s it. That’s the distilled essence of rentier ownership. That’s what every rentier relationship consists of. You labor on their behalf, and in return they refrain from hurting you, or killing you. A protection racket. The only thing the rentier owner “provides” you is a promise not to hurt you, at least until the next month’s rent is due.

Most people don’t like that.

teilten dies erneut

Als Antwort auf HeavenlyPossum

@HeavenlyPossum @violetmadder @storyworker
I think the point you may be missing here is that not everyone has the desire to own a home. Home ownership is a lot of responsibility and work that not all may be willing or capable of doing. Home ownership also typically implies that you plan to stay somewhere long term. Should people not be allowed to live nomadically? I'm all for abolishing rentirism, but we also need to consider and plan for how to house non-home owners during our pursuit to get there.
Als Antwort auf Shannon

@violetmadder @storyworker @shamogan
Yes, I agree. All I’ve tried to convey is that “not wanting to purchase and own a home under capitalism” is not the same as “not wanting a permanent home in the abstract,” and the latter doesn’t somehow justify rentierism.

For example, if you’re not physically capable of maintaining a house and rent instead, you’re paying a landlord rents and probably a salary to hire a worker to perform maintenance. This is not something a landlord is necessary for; the landlord is still just inserted into a transaction between you and a maintenance worker.

There’s a whole universe of mechanisms by which people could live without permanent homes and still not rely on rentier landlords.

cy hat dies geteilt.

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HeavenlyPossum

@violetmadder @shamogan @storyworker

I noted from the very beginning that being grateful for an opportunity to rent is a perfectly legitimate survival mechanism under capitalism, and that I was not criticizing this response at all. You can scroll back up through this thread to read that.

My goal is not to abolish landlords by forcing them to sell; my goal is the abolition of landlords through the decommodification of housing.

Als Antwort auf HeavenlyPossum

@HeavenlyPossum at low scale the costs of ownership are not negligible, and if we remove the speculative value, as we should imo, then owning something for someone else is a service with an associated fair price.

I think the root causes are not the ownership itself, but:

1. Human rights to shelter are not guaranteed properly,
2. Artificial scarcity and unfair prices are allowed.

If the private ownership would be limited, the service of owning shelters should be provided still.

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Shannon

@HeavenlyPossum @storyworker @violetmadder and so I believe what @storyworker was expressing is that they are glad they have renting as an alternative to owning, and as someone who does not want to own, they we're asking if you removed all the landlords, how would they get access to housing, if not thorugh renting. Which is a valid question, in my opinion.
Als Antwort auf Shannon

@HeavenlyPossum @storyworker @violetmadder
To bring this around to the original post, which calls for a "poison-pill tax" to force non-occupant owned homes to sell to at lower prices, there is a group being forgotten in this strategy: the current renters of these homes. Many of these renters would still not be the ones able to afford (or willing) to buy those homes. So if this policy we're to be followed without also investing in alternative housing options, such as co-ops, we would see a displacement of current residents renting in that area to those who have the will and means to buy.
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Martijn Vos

@story worker

But why can't you afford a home while you can afford to rent? That is part of the problem. Why is your rent enough for the landlord to be able to afford it, but is the same amount of money not enough for you to be able to afford it?

Mind you, there's absolutely a good case to be made why rent should still exist. Some people move around a lot and having to buy and sell homes everywhere is a pain. Rent has to exist.

And cheap, rent-controlled appartments definitely fill an important role too. But at some point you start getting a two-tiered society where a shrinking group of people own everything and rent it to the rest for extortionate prices, and that's what we need to get out of.

Als Antwort auf Angle

@Angle @mizblueprint @pamleo65 I’ve been through Napa a few times, when I lived in Sonoma County (to the west). Your impression from Street View is correct. But it is surrounded by vineyards, many of which are run by “lifestyle vintners,” who want their chalets and their labels and everything except good wine.

And they have money, lots and lots and lots of money.